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Author Topic: Ethanol Gains on Gasoline as Prices Tumble Most Since November Back to Topics
loloTX
Rookie Author
Austin

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Joined:Jun 2012
Message Posted: Feb 20, 2013 3:45:24 PM

Ethanol gained a second day against gasoline as prices for the motor fuel plunged the most since November and as biofuel producers tempered output.
The spread narrowed 8.88 cents to 66.44 cents a gallon at 1:54 p.m. New York time, the smallest difference since Feb. 12 and the biggest one-day contraction since Jan. 11, according to futures market data compiled by Bloomberg. More than a dozen ethanol companies have idled output since June to stem losses, and stockpiles have fallen to the lowest level in 10 weeks.
“The thing to be looking at is production with the shutdowns in place,” said Jeffrey DeReamer, an ethanol broker at ICAP Energy in Lexington, Kentucky. “Production is the key at this point. That’s been supporting ethanol.”
Denatured ethanol for March delivery rose 0.1 cent to $2.
Visit Bloomberg for full article
REPLIES (newest first) Post a Reply
WalkingWV
Champion Author West Virginia

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Joined:May 2008
Message Posted: Feb 21, 2013 2:00:29 PM

Ban ethanol!
sickhp
Champion Author San Antonio

Posts:3,548
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Message Posted: Feb 21, 2013 12:44:56 AM

Stop using food in our fuel.
Tekkersmom57
Champion Author Syracuse

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Joined:May 2010
Message Posted: Feb 20, 2013 8:56:01 PM

They can take their ethanol....I don't want it. I would be willing to pay more for 100% gasoline. Keep the crap out of my tanks!
Discovery02
Champion Author Colorado Springs

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Message Posted: Feb 20, 2013 6:25:32 PM

Just do away with Ethanol.
mike56MI
Champion Author Michigan

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Message Posted: Feb 20, 2013 5:51:26 PM

OK
thizben
All-Star Author Phoenix

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Joined:May 2011
Message Posted: Feb 20, 2013 5:51:25 PM

there has to be a bigger spread than that to make it financially worth using it over regular gasoline.
Point__man
Champion Author Raleigh

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Message Posted: Feb 20, 2013 4:27:23 PM

no tumbling here ;)
daytonabiker
Champion Author Florida

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Message Posted: Feb 20, 2013 4:15:44 PM

who the h*** wrote this article,errors all, our gas is up not down
beck12j
All-Star Author Dayton

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Joined:Mar 2011
Message Posted: Feb 20, 2013 4:12:39 PM

ok
tnfran
Champion Author Arizona

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Message Posted: Feb 20, 2013 4:03:49 PM

Bloomberg!! You are nutso in the head. Gas/diesel prices tumble??? It is up on ave 50cents in last month alone.
Taxrefugee
Champion Author Arizona

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Message Posted: Feb 20, 2013 3:53:38 PM

Tumble? Some stations here are going up 3-5 cents a day
mastermariner
Champion Author Texas

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Message Posted: Feb 20, 2013 3:47:17 PM

Look for further increases
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